Hi, Can anybody clear me that is there any grace period for Monthly PF Deposit? Regards Prasad
From India, Bangalore
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From India, Bangalore
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Hi,
There is no concept of grace period in the payment of contributions. If you fail to pay on time, you will incur a fine. Normally, the fine for delayed payment ranges from one month to six months. After that period, the delay accumulates.
If you wish to seek a concession of time for your delayed payments after six months, you must apply to the Regional PF Commissioner and pay accordingly.
Regards,
R. Sudhakar
From India, Madras
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7There is no concept of grace period in the payment of contributions. If you fail to pay on time, you will incur a fine. Normally, the fine for delayed payment ranges from one month to six months. After that period, the delay accumulates.
If you wish to seek a concession of time for your delayed payments after six months, you must apply to the Regional PF Commissioner and pay accordingly.
Regards,
R. Sudhakar
From India, Madras
Acknowledge(0)Amend(0)
Hi, Can anybody clear me that is there any grace period for Monthly PF Deposit? Regards Prasad
From India, Raipur
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From India, Raipur
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PF IMP NOTES - GRACE PERIOD.pdf
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